How to Account for Law Firm Fixed Assets and Depreciation in 2026: The 7-Step Workflow for Technology Capex, Office Build-Outs, and Leased Equipment
Most law firms track time, trust, and receivables carefully — and treat fixed assets as an afterthought that gets cleaned up once a year by the outside CPA. That gap distorts partner profitability, overstates expenses in purchase months, and makes AI and technology capex impossible to evaluate. Here is the seven-step fixed asset and depreciation workflow mid-market firms should run monthly.